Product Manager of Medical Devicess in the United States take home an average $87K annually. Most Product Manager of Medical Devicess like their work and job satisfaction is high. Women are just slightly outnumbered, with male Product Manager of Medical Devicess making up 57 percent of survey respondents. Respondents to the PayScale salary survey provided the data for this report.
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$56,391 - $123,823
(Median)
$56K
$87K
$120K
MEDIAN: $86,517
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$56,391 - $123,823  
   
Bonus
$4,902 - $14,391  
Profit Sharing
$4,750  
Commission
$5,087  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$57,325 - $134,527  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 53
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Job Description for Product Manager, Medical Devices

A product manager creates strategies and plans to implement medical devices into markets and to market them to appropriate parties. The product manager may oversee a sales and marketing team and may provide them with direction, including giving them tactics and tools in which to promote the products.

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Product Manager, Medical Devices Tasks

  • Identify markets and potential clients, as well strategies for building relationships.
  • Manage all sales for medical devices, from initial contact to analytics about markets.
  • Lead market research and customer outreach initiatives.
  • Mentor and train staff.

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Pay by Experience Level for Product Manager, Medical Devices

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Product Manager of Medical Devicess with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Salaries for inexperienced workers average out to $99K, and those with five to 10 years' experience earn a higher median of $87K. Those with 10 to 20 years of experience under their belts can expect their paychecks to flourish around the six-figure median of $115K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $127K.

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Experience Affects Product Manager, Medical Devices Salaries

Late-Career
up arrow 41%

Experienced
up arrow 27%

Mid-Career
up arrow 10%

National Average
$90,000

Entry-Level
up arrow 4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 3 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

Less than 1 year
4%
1-4 years
33%
5-9 years
33%
10-19 years
22%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental: 87%
medical benefits
Vision: 68%
dental benefits
None:
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